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- The euro zone's biggest economies prepared to unveil plans to spend tens of billions of euros in state funds to prop up their banking systems as leaders agreed on a menu of measures to cope with the growing financial crisis. At a Paris summit, the ...
- A couple of years ago, back when Wall Street was gorging itself on subprime mortgages, the smart money in New York had said that the Ford Motor Co. was doomed. The narrative back then was that Ford’s product line was out of step with consumer ...
- NEW YORK (AP) -- Wall Street capped one of its worst weeks ever with a wild session Friday that saw the Dow Jones industrials gyrate within a 1,000 point range before closing with a relatively mild loss and the Nasdaq composite index actually ending ...
- NEW YORK : Investors agonizing over whether the stock market is bottoming out or about to extend its precipitous decline face more uncertainty this week as they await action on the government's rapidly expanding effort to pull the financial system ...
- A ROAD map to global financial recovery has emerged with Europe's leaders agreeing to a British-style bank bailout at a crisis meeting in Paris. At the historic meeting between the leaders of 15 Euro-using nations which went well into this morning ...
- Tom McClintock has received over $100,000 in salary and more than $30,000 per year in per diem for living only several miles away from the capitol. Instead of honoring the troops who make his lavish taxpayer-funded lifestyle possible, he’s turned ...
- 10-12) 04:00 PDT Washington - -- Republican John McCain or Democrat Barack Obama will walk into the Oval Office Jan. 20 facing the grimmest economic landscape in decades: perhaps 8 percent of the nation's workforce unemployed, millions more families ...
- CHICAGO (AdAge.com) -- From Domino's to Yum Brands and beyond, the credit crisis is sweeping the fast-food industry, resulting in increased scrutiny for loans, delayed construction and even some store closures. Last week Domino's confirmed to Ad Age ...
- NEW YORK — The debate season that has chewed up its moderators comes to a close Wednesday when John McCain and Barack Obama meet for the third time, with CBS News’ Bob Schieffer directing the discussion. The veteran Face the Nation host won’t ...
- Oct. 13 (Bloomberg) -- The euro rose the most in three weeks against the dollar and the yen after European leaders agreed to guarantee bank borrowing and prevent big lenders from going under. The currency advanced as leaders of the 15 countries using ...
- By now, rows of houses should have replaced the bales of hay on the 700-acre Goodnight Ranch 10 miles south of downtown Austin. But more than two years after the city approved the 3,500-home development, construction has yet to disturb the pasture ...
- The Stock Market Game is a curriculum-based teaching tool that allows students to invest a hypothetical $100,000 online stock portfolio to learn about long-term saving and investing. Despite the passage of the Wall Street rescue bill, the bears were ...
- WESTPAC has cut its one-year fixed home loan rates by up to 1.1 percentage points. The move will drop one year fixed rates to 7.19 per cent and push three year fixed rates to 6.99 per cent. Bank spokesman Peter Hanlon told Radio 3AW this morning that ...
- Oct. 12 (Bloomberg) -- Norway will offer commercial banks as much as $55.4 billion in government bonds in exchange for mortgage debt to restore confidence in the financial system, the latest step by a European government to try to boost liquidity ...
- Della Ramsey pounced on a Santa Rosa condominium last month when the price dropped to $99,900, paying cash for the bank-owned property she now will rent out. KENT PORTER / The Press Democrat Della Ramsey of Santa Rosa couldn't resist purchasing a two ...
- By the time deputies came to escort Addie Polk out of her home of 38 years, the 90-year-old had taken out her life insurance policy and placed it next to her pocketbook and keys in the neatly kept house. She shot herself in the chest Oct. 1 before ...
- TORONTO — Prime Minister Stephen Harper is gambling that an opposition pushing an unpopular carbon tax will steer Canadian voters to the right in Tuesday's election and bolster his hold on power. If the polls are any indication, though, Canada's ...
- Ron and Laurie Kopack are educated, hard-working suburban Detroit homeowners who, by American middle-class standards, should have earned comfortable family evenings, a little peace of mind and a few luxuries. Instead, they are struggling. Ron, an ...
- Oct. 12 (Bloomberg) -- Norway will offer commercial banks as much as $55.4 billion in government bonds in exchange for mortgage debt to restore confidence in the financial system, the latest move by a European government to try to boost liquidity ...
- WASHINGTON – The government's plan to make sure private managers of a $700 billion bailout plan are free of conflicts of interest is weak, according to some critics, and allows too much room for abuse. The Treasury Department is in the process of ...
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